This is to inform you that the Board of Directors of the Company have been informed by our Promoter Group entity - Jasti Property and Equity Holdings Private Limited (in its capacity as sole trustee of Jasti Family Trust), that the Significant Beneficial Owner (SBO) Mr Subba Rao Jasti, father of Shri Venkateswarlu Jasti, CEO of our company has passed away on 2nd February 2023. In terms of the WILL executed by Mr Subba Rao Jasti, the 9,980 equity shares held by him in the said promoter group entity devolved and transmitted to Mrs. Sudharani Jasti on 08th March, 2023, one of the promoter of our company. Post this transmission Mrs. Sudharani Jasti becomes SBO of the listed entity.
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